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CommunitySuite Idea Lab: Admin Fees & Distributions

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Have the ability on the fund level to set the spending policy start distribution date.

Have the ability on the fund level to set the spending policy start distribution date. Just as you can set an Admin fee start date have the ability to start a distribution date so that a fund can have enough investment income to distribute based on a spend policy.

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Stacey Bell shared this idea  ·   ·  Report…  ·  Admin →
Implemented  ·  AdminSkye Weber (Admin, Foundant Technologies) responded  · 

9/16/2024:Distributions: Enhanced distributions to look at the distribution start date on the fund record. If the distribution start date is beyond the create date, the fund will not be processed. 


Funds: Added a Distribution Start date to the funds settings<distribution table. This will allow users set the distribution start date when creating a fund. Distribution start date is also available in Funds Bulk edit. 

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  • Stacey Bell commented  ·   ·  Report

    Have the ability on the fund level to set the spending policy start distribution date. As they implemented with admin fees. Our funds are in hibernation for 1 year until they accumulate earnings to provide a spend policy amount.